NTPC Green Energy Limited IPO Subscriptions Status Live Today
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NTPC Green Energy Limited IPO Details
Issue Open |
19 November 2024 |
Issue Close |
22 November 2024 |
IPO Price |
₹102 - ₹108 per
equity share |
Face Value |
₹10 per equity share |
IPO Size |
₹10,000.00 Cr. |
Listing At |
NSE, BSE |
IPO Lot
Size |
138 shares |
IPO Investor Categories
• Qualified Institutional Buyers (QIB)- qualified institutional buyers “QIBs” are
large investors with the investment expertise, such as mutual funds, insurance
companies, pension funds and hedge funds, who are considered to have the
expertise & resources to the evaluate investment opportunities, it requires
the standards to be met, and retail investors are allowed to bid shares at
prices below the offer price.
• Non-Institutional Investors (NII) - Non-institutional investors (NIIs). On the
other hand, generally consist of the individual investors, high net worth its
individuals “HNIs”, or the companies that do not meet the financial criteria a
be classified as QIBs and allowed to participate in Initial Public Offering IPOs
at the same price as retail investors.
NII category has two subcategories:
1. sNII - "sNII" means "small non-institutional
investor". This sub-category IPO includes investors who have created
shares of Rs. 2 lakh and Rs. 10 lakh in Initial Public Offering “IPO”.
2. bNII - "bNII" means "large investor other than institutional investor". This sub-category includes investors who have created shares worth more than Rs. 10 lakh in IPO.
• Retail Individual Investors (RII) - Retail Individual Investors (RIIs) are
individual investors who apply for shares worth up to Rs. 2 lakh in IPOs, aimed
at encouraging retail participation in IPOs.
• Employee (EMP)- The employee (EMP) category in an IPO is reserved
for employees, directors and associate employees of the issuing company, and
the issuing company and the IPO's chief executive officer the determine allocation
of shares in this category.
• Others- An eligible group of shareholders or other investors with
investments in an IPO.
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